Bybit Bolsters Security Measures Amid Evolving Crypto Threats

Bybit, the world's second-largest cryptocurrency exchange by trading volume, has strengthened its security systems following a $1.46 billion theft in February 2025.

The company expanded three layers of protection: user and account security, real-time on-chain monitoring, and AI-assisted security operations.

Bybit intercepted more than $700 million in potential user losses during the first half of this year, with an average initial review time of just 4.7 minutes.

The exchange also identified approximately $212 million in potential fraud-linked onchain funds and blacklisted over 10,000 malicious addresses using AI-assisted monitoring.